Updated CSSF AIFM FAQ
The Commission de Surveillance du Secteur Financier (CSSF) issued an updated version (number 10) of the Frequently Asked Questions in relation to the law of 12 July 2013 on Alternative Investment Fund Managers (AIFM Law) on 9 June 2016. The updated FAQ contains a new section (Nr. 22) on loan origination.
Read version number 10 of the FAQ relating to the AIFM Law.
Risk Management - A Key Component of Asset Managers’ Governance Framework
The seventh annual Association of the Luxembourg Fund Industry (ALFI) and Luxembourg Association for Risk Management (ALRiM) European Risk Management Conference, which took place on 26 May 2016, highlighted the fact that risk management is a key component of the governance framework for asset managers. The conference also emphasized that Luxembourg remains a center of excellence in risk management.
Read the ALFI press release dated 3 June 2016.
CSSF Issues Press Release on the Global Situation of UCIs and SIFs
CSSF press release 16/26 of 3 June 2016 summarizes the global situation of Undertakings for Collective Investment and Specialised Investment Funds at the end of April 2016 and contains an indication of the number of net assets of Undertakings for Collective Investment in accordance with, respectively, part I and II of the 2010 Law and the 2007 Law.
Read the CSSF press release (in French).
CSSF Newsletters – May and June 2016
The CSSF published its May 2016 newsletter (number 184) and its June 2016 newsletter (number 185), which provide updates in relation to recent national regulation and statistics.
Read the CSSF newsletters number 184 and number 185 (in French).